Published on Aug 20, 2013
If you listen to market reports on
the financial industry, it sounds like we've pulled ourselves out of
recession. Morgan Stanley, Bank of America, Goldman Sachs, Citigroup, JP
Morgan Chase, and Wells Fargo all announced huge earnings this quarter.
We're back baby, right? Not nearly. Not even close. Because those
earnings are a reflection on what our money really is. The Resident (aka
Lori Harfenist) explores the nature of evil monetary fiction.
